Plan Ledger DOL Form 5500 · updated monthly

Henry County Hospital, Inc.401(k)

HENRY COUNTY HOSPITAL, INC. 401(K) PLAN · NAPOLEON, OH · plan year 2024

Reported admin expense ratio · 2024
0.53%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Henry County Hospital, Inc. reported $85,725 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,236 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,497th-largest of 3,295 plans among Ohio employers on file, and the 4,143rd of 11,911 in health care & social assistance. In 2024, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,911,869
Participants with balances373
Active participants291
Employer contributions$359,572
Employee contributions$1,073,114
Employer contribution per active participant$1,236
Average account balance$45,340
Benefits paid to participants$2,038,328
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 373 accts · $360K emplr
2023$15.7M · 370 accts · $329K emplr
2022$13.7M · 373 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,524
Total administrative$85,725
The Henry County Hospital, Inc. 401(k) match · 2024
Employer contribution per active participant$1,236
Median for plans this size$2,416
2024$1,236 per active participant
2023$1,209 per active participant
2022$1,237 per active participant

Henry County Hospital, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$85,725 · 0.53%
2023$24,148 · 0.16%
2022$5,535 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Healthsource of Ohio, Inc. OH$17.8M · 0.23%
Lifebanc, Inc. OH$17.2M · 0.35%
Community First Solutions OH$16.9M · 0.64%
Chs Therapy, LLC OH$16.3M · 0.70%
Eci, Inc. OH$16.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344477047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.